Author: super@dmin
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Crypto: More than 50% of top crypto companies call U.S. home, despite intensifying regulation, study shows
Most of world’s biggest crypto companies are based in the U.S., though some industry participants are worried that increasing regulation will spur an exodus.
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Why Microsoft is splashing $69bn on video games
EVEN FOR Microsoft, which boasts a market value of $2.3trn, $69bn is a lot of money. On January 18th the firm said it would pay that sum—in cash—for Activision Blizzard, a video-game developer. It is by far the biggest acquisition in the video-game industry’s history, and the largest ever by Microsoft, more than twice the size of…
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: Ford books $8.2 billion fourth-quarter profit on Rivian investment
Ford Motor Co. said late Tuesday it has realized a $8.2 billion gain in the fourth quarter related to its investments in Rivian Automotive Inc. following the electric-vehicle maker’s November initial public offering.
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Market Extra: Here’s what history says about the Nasdaq Composite’s near-term returns after closing below its 200-day moving average
The Nasdaq logged its first close below its long-term trend line since April 2020.
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: Activision CEO stands to reap nearly $400 million in Microsoft deal, and that may be just the start
Activision Blizzard Inc. Chief Executive Bobby Kotick stands to make nearly $400 million from Microsoft Corp.’s acquisition of the videogame maker, and could reap millions more whether he stays or not.
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The Conversation: Inflation inequality: Poorest Americans are hit hardest by soaring prices on necessities
Higher prices for groceries, gasoline and housing hurt low-income families because they spend a larger portion of their budget on these items.
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: Microsoft makes a bullish move to buy Activision as tech investors run for cover
The software and cloud company steps firmly into the consumer space with its proposed purchase of the videogame maker.
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The Ratings Game: Microsoft could have just kicked off a Big Tech gold rush, which helps videogame stocks but maybe not gamers
Microsoft Corp.’s agreement to buy Activision Blizzard Inc. would be the largest tech acquisition ever, and the chance it could prompt other Big Tech names to make their own acquisitions sent videogame stocks higher in response, according to analysts.
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In One Chart: This budget shows a Seattle-area couple giving $13K a year to a church — and just $3K to savings
A chart raising eyebrows on Reddit also sees the couple paying less than $2K a month for their mortgage in one of the country’s priciest housing markets
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: Verizon, AT&T to limit 5G near airports to prevent flight delays, cancellations
Verizon Communications Inc. and AT&T Inc. said Tuesday they are halting plans to launch their 5G wireless networks around U.S. airports, responding to fears that the new services could interfere with aircraft technology and upend U.S. air travel.